17,165 Pakistanis own 24,503 residential properties worth $11bn in Dubai
- Pakistanis have also been identified in the compilation, with their collective worth estimated at approximately $11 billion.
- Hussain Nawaz, Faisal Vawda ,Farah Gogi, Sher Afzal Marwat among those named in leaks.
- All of the individuals mentioned were sent questions.
A worldwide collaborative investigative journalism initiative has unveiled the ownership of properties owned by the global elite in Dubai. Thousands of Pakistani citizens including more than a dozen retired military officials and their families own properties in upscale Dubai areas, according to data revealed by the Organised Crime and Corruption Reporting Project (OCCRP) Dubai Unlocked project.
The list encompasses political figures, individuals subject to global sanctions, suspected money launderers and criminals. Pakistanis have also been identified in the compilation, with their collective worth estimated at approximately $11 billion.
Dubbed ‘Dubai Unlocked,’ the project relies on data offering an intricate overview of hundreds of thousands of properties in Dubai, along with information regarding their ownership or usage, predominantly from 2020 and 2022. Properties registered under company names and those situated in commercial areas are excluded from this analysis.
The involvement of such prominent figures in the ownership of real estate in Dubai, as revealed by the investigative project, indicates the global reach of this issue.
It’s significant that media outlets from various countries collaborated on this investigation, shedding light on the extent of this phenomenon.
The revelation about the property transfer between Asif Ali Zardari, Abdul Ghani Majid, and Zardari’s daughter underscores the complexity of tracking ownership and transactions involving high-profile individuals. It highlights the importance of transparency and thorough investigation in uncovering such arrangements.
The comprehensive investigation into property ownership in Dubai, as revealed by the Property Leaks data, uncovers a wide range of individuals involved, including high-profile figures, business personalities, and those linked to illicit activities.
The transparency brought forth by such investigations is crucial in ensuring accountability and addressing concerns related to corruption, money laundering, and undisclosed assets. The collaboration between journalists and data analysts in verifying the information demonstrates the importance of thorough research and validation in investigative reporting.
